Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.(Updated - November 1, 2016 3:59 PM EDT)

Avianca (NYSE: AVH) is studying options including the sale of a controlling stake, and it is set to receive bids next week from suitors including Delta Air Lines (NYSE: DAL) and United (NYSE: UAL) according to Bloomberg, citing people familiar with the matter.